I have a bullish short term options trade for the SPX that we started placing Tuesday, with provisions to add to the position on a dip.
We got that dip today so we added, and then cashed in on a short strike to pocket some easy cash. The trade is still active, but let’s walk through it so you can see what a clean setup looks like…
Your Profit Pilot,
TG Watkins
* The Moxie Indicator™ is designed to read the profit potential of any stock or option. This is the powerful pinpoint tool behind my ability to pick precise trades. Along with the ability to identify killer market moves, the indicator helps keep me out of account-killing trades as well.